Trump’s tariffs and the trade war continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

President Trump’s recent ultimatum to Russia—new arms for Ukraine and the threat of severe tariffs if a peace deal isn’t reached in 50 days—was met with a shrug in Moscow. Instead of panicking, the Russian stock market actually rose,

IBD 50 name Rocket Lab RKLB soared 7.5% and reached a new high on the stock market today. Citigroup raised its target price to 50 from 33 and held its buy rating on the rocket and spacecraft stock. Rocket Lab has gained around 63% year to date and has a 99 Relative Strength Rating.

Across sectors, the Nifty IT index dropped 1.6%, dragged down by TCS, Infosys, and Wipro. Auto and Oil & Gas indices declined over 1%, while Financials and PSU Banks slipped more than 0.5%. The Nifty Midcap100 and Smallcap100 also lost nearly 1%.

Live Updates Live Coverage Has Ended Monday Wrap-up 4:29 pm The Vanguard S&P 500 ETF closed at 574.35 Monday, up 0.2%. Trump to Hit Russia with Tariffs 12:27 pm President Trump is threatening to impose 100% tariffs on imports from Russia if it fails to sign a ceasefire with Ukraine within the next 50 days.